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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 246.26+1.9%Jan 8 3:59 PM EST

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To: Rob S. who wrote (37338)1/28/1999 10:00:00 AM
From: Peter Bernhardt  Read Replies (3) of 164684
 
I thought some new financing would be needed.

At the rate this company is burning cash, that's quite an understatement.

Can't wait to learn the conversion price. Any guesses? Be a hoot if it was something that was truly in line with this company's real value, say $20 or so.

At this point (Mr. Bezos' protestations that he cares not for his company's market cap notwithstanding), it is hard to receive any news from this company without the highest level of cynicism.

- Peter B
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